The town of Marmato, in Central Colombia, sits on top a mountain of gold. Its people have been living off of it for centuries, mining the precious metal through mostly small scale, artisanal operations. But as the country is increasingly relying on its mineral resources to fuel the economy, multinational mining companies have set their sights on places like Marmato to install open air mines that would literally swallow the landscape.
According to some estimates, it would take about 20 years to extract all the gold from the mountain, wiping out the town and its 10,000 inhabitants in the process. The imminence of this news weighs heavily on the people of Marmato, who are organizing to fight back and prevent this from happening.
Correspondent Toby Muse traveled to the Colombian Andes Mountains to report on this story for Americas Now.
Read more: http://www.cctv-america.com/2015/03/06/the-battle-over-mining-for-gold-in-marmato#ixzz3TtmhM3Ld

Gran Colombia Gold (TSX: GCM) CEO and former Minister of Foreign Affairs and Minister of Culture for Columbia, Maria Consuelo Araujo, joins us from On the Ground Group's "Mine Latin America Conference" to discuss the current state of mining affairs in Colombia, as well some commonly held misconceptions about mining and resources in Colombia. Kitco News, Nov. 9, 2012. --- Agree? Disagree? Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews

Gran Colombia Gold (TSX: GCM)
Mike Davies, CFO
“'We have a good story – lots of resources, the potential to grow – and we're executing on our business plan ... overall, Gran Colombia would provide a good cash return to investors.”
Gran Colombia Gold, the largest underground gold and silver producer in Colombia, achieved record gold production in 2016, and reduced its debt by 18%. CFO Mike Davies tells Mining Clips why 2017 should prove to be another good year for the company.

At the recent Mines and Money Americas conference, Gran Colombia Gold Corp. (TSE:GCM) CFO Mike Davies talked about why he’s excited about his Company’s prospects, especially now that it is producing gold at all-in sustaining costs of about US$800 per ounce. He added that Gran Colombia Gold’s fundamentals are improving, as it now has free cash flow that it is using to pay down debt.

Gran Colombia Gold's production exceeded 200,000 ounces in 2018 with over 100 Million EBITDA last year. The company continues to expand as Colombia's largest Underground Gold Producer.
Gran Colombia is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its Segovia and Marmato Operations. Gran Colombia is continuing to focus on exploration, expansion and modernization activities at its high-grade Segovia Operations.
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KITCO NEWS — U.S. Global Investor’s CEO Frank Holmes joins Kitco News to talk geopolitics, the Chinese yuan and illegal mining overtaking cocaine trafficking in Colombia. News broke recently that illegal gold mining has been occurring in the South American country, so much so, that Colombian President Santos came out saying that it brings in roughly $2.5 billion annually and is a major issue of concern. According to Holmes, the issue is with the country’s leadership. 'Santos has sadly lost control of rule of law,' Holmes said. ‘The real, major disappointment has been the leadership of going after these thugs that are hurting mine workers,’ he added, noting that there are very, high-grade deposits in Colombia. Commenting the gold price ahead of U.S. Thanksgiving, Holmes says it is really the imminent rate hikes that are causing short-term volatility in prices. February comex gold futures are down on the day and were last quoted down $2.40 at $1,070.80 an ounce. ‘Thoughts are that if rates rise 25 basis points, gold is going to get clobbered,’ Holmes said. ‘I don’t think so…the real number we’re going to follow in 2016 is CPI (consumer price index).’
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A Minority Rights Group International production by acclaimed Colombian filmmaker Hollman Morris.
Afro-Colombians have been carrying out small-scale mining in Colombia's Cauca region since their ancestors settled there in 1637. Today their descendants continue to chip away at the red rock in search of gold, seeing it not only as a means for earning a modest living, but also as an activity deeply linked to their culture. Between 2002 and 2010, Colombia's government gave out 7,500 mining exploration titles to national and foreign companies eager to exploit the country's precious resources. In the film we hear of the Afro-Colombian community of La Toma's brave, and sometimes deadly, struggle to prevent the invasion of mining companies and defend their ancestral livelihoods at all costs.
The documentary was premiered in Madrid, Spain, on 9 December 2011. Visit www.minorityvoices.org for more information.
This film was funded by the European Union. This content is the sole responsibility of Minority Rights Group International and can under no circumstances be regarded as reflecting the position of the European Union.

Severe drought and heavy loss of livestock have led traditional Mongolian herders to mine gold in order to survive. Their work is hazardous and illegal. A new law has been proposed to help improve the working conditions of 100,000 informal gold miners.
English VNR 2006

Rahim Jivraj, President of Mercer Gold Corporation, is interviewed on BBC World Business on February 16th 2011. With Colombia projected to double its gold production over the next five years, how did Rahim Jivraj, a 33-year old Canadian finance entrepreneur and mining novice, wind up with extensive land holdings in one of the hottest gold districts in Colombia? With this gold boom in Colombia, South America in full swing, securing speculative land adjacent to a gold deposit with 10 million ounces may have been an act of divine providence. "It's the result of being in the right place at the right time," says Rahim Jivraj, President, CEO and Director, Mercer Gold Corporation, www.mercergoldcorp.com, who founded the company last year with this one major asset: the Guayabales Gold Project located in the Marmato Gold District, in Caldas, Colombia

A 2011 United Nations report found a correlation between an increase in Colombia's mining and higher levels of mercury pollution in the environment. But, as correspondent Michelle Begue discovers, a group of miners in the country have found a way to fill their pockets while also safeguarding the environment.
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Gold mining can be a dirty, bloody business, but a village in Colombia has been rewarded for an ethical production model whose clean "green gold" has seduced big international jewelers. Duration: 02:27

As the Colombian government works to eradicate the coca trade, guerrillas have turned to local gold mining for cash. Now the government is cracking down on illegal mines.
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An explosion at an illegal gold mine in the Colombian town of Marmato killed two miners and injured five others.
According to Mario Tangarife, the president of the Association of Traditional Miners in Colombia, the miners had improperly detonated dynamite. Rescue efforts to save the miners were headed by two engineers and included a rescue team and excavation machinery from the National Mining Agency.
Illegal mining is not uncommon in the mountain town of Marmato, where some 300 underground mines are said to be active. After mining conglomerate Gran Colombia Gold abandoned mines throughout Colombia, illegal mining has increased nationwide. In response to the increase in illegal mining, Colombian President Juan Manuel Santos has tried to shut down illegal mines throughout the country.
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Subscribe to our newsletter at Paul Harris, publisher of the Colombia Gold Letter, talks to GoldMoneys Dominic Frisby about the state of the mining sector.
2017 has been a busy year for the gold mining sector in Colombia. We get an update from industry expert Paul Harris of Colombia Gold Letter. He also tells us about a critical upcoming industry.
Colombia, Latin Americas fourth biggest economy, has vast mineral and energy resources (Duration 02:44)

Originally published on 18 February, 2015
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RESTRICTIONS: NONE For story suggestions please contact [email protected] explosion at an illegal gold mine in the Colombian town of Marmato killed two miners and injured five others. According to Mario Tangarife, the president of the Association of Traditional Miners in Colombia, the miners had improperly detonated dynamite. Rescue efforts to save the miners were headed by two engineers and included a rescue team and excavation machinery from the National Mining Agency. Illegal mining is not uncommon in the mountain town of Marmato, where some 300 underground mines are said to be active. After mining conglomerate Gran Colombia Gold abandoned mines throughout Colombia, illegal mining has increased nationwide. In response to the increase in illegal mining, Colombian President Juan Manuel Santos has tried to shut down illegal mines throughout the country.
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CEO Elevator Pitch: Gran Colombia Gold (TSX: GCM)
Mike Davies - Chief Financial Officer
Recorded during VRIC 2019
For more information visit:
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SPONSORSHIP OPPORTUNITY // CEO ELEVATOR PITCH
Interested in reaching out to the most qualified audience in the junior space? Contact us today and get heard!
Oreninc is North America's leading provider of relevant financing in formation in the junior commodities space. Visit www.oreninc.com to receive up to date information on financings on the TSX, TSX-V and CSE.
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Thousands of small-time miners are digging up and destroying the Peruvian Amazon. The police and army are after them. Environmentalists the world around condemn them. It’s a disaster and its only getting worse.
But what do the miners themselves have to say? Hear what they have to say - and see how they live and work - on an unprecedented journey into the illegal mines. Where crooks and killers toil alongside otherwise honest men in search of gold – and a way out of life-threatening poverty.
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U.S. Global Investors CEO Frank Holmes hosted the most recent SmallCapPower Investment Series, featuring West Red Lake Gold Mines, TrackX Holdings, Gran Colombia Gold. West Red Lake Gold Mines has had one of the best stock price performances of any Canadian gold junior this year, while Gran Colombia Gold has been increasing production and cutting costs. TrackX’s pipeline, meanwhile, has grown at an active pace according to the Company’s CEO.

At U.S. Global Investors, we see tremendous value in tacit knowledge, or what we call “boots on the ground investing.” Our investments team has a wealth of explicit knowledge, which includes data and metrics used in the office, but we believe it’s the tacit knowledge gained that provides us with greater insight and unique investment opportunities.
In the following videos, analyst Samuel Pelaez narrates a recent trip to Colombia where he, Frank Holmes and portfolio manager Ralph Aldis were able to explore the plant sites of Gran Colombia Gold and Pacific Stone.

Already a Scourge, Illegal Gold Mining in Colombia Is Getting Worse
In early July, the United Nations Office on Drugs and Crime, or UNODC, and Colombia’s Ministry for Mines and Energy reported that 66 percent of alluvial gold exploitation in the country is considered unregulated. Illegal mining is nothing new in Colombia, but the latest report indicated that the amount of affected land—84,000 hectares, or more than 200,00 acres—is up 6 percent since the UNODC’s first study on the subject in 2014.The list of violent competitors trying to access these gold riches ...
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03 05 2014 In Colombia, relatives of around 30 missing miners have been holding a vigil at an illegal gold mine which collapsed more than two days ago. The accident happened in a rural area outside the southern city of Santander de Quilichao. So far only three bodies have been recovered. The BBC's Ciara Riordan reports.

Money and Madness (1998) - Penetrating the shady world of Colombia’s emerald dealers, we meet private armies and pistol-packing miners.
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Colombia boasts some gruesome statistics. The leading cause of death for individuals over the age of ten is violence. And it’s the struggles for power over smuggling narcotics and emeralds that control its jungle politics. Penetrating the emerald business, we meet Jose. With his bullet proof clothes and shiny gun he’s just an ordinary emerald dealer. Accompanying him on a buying trip we enter Victor Carranza’s notorious emerald zone. Outside his mine is a menacing collection of blackened miners. Their pockets bulge with stolen emeralds and loaded pistols. Stealing is part of the rules in Victor’s empire. His workers are simply supervised to ensure they don’t steal more than their labour deserves. In this feudal system favours are given by the powerful and loyalty is shown in return. The poor must be content to search through the scraps thrown out by the powerful. It’s a ruthless system, but as Jose puts it, “Where’s there’s money there is madness. It’s the same all round the world.”
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OroClean, a centrifuge for small scale mining, wins Venture Cup.
And the grand prize of 250,000 DKK.
OroClean's product eliminates the need for mercury in small scale mining. This improves the quality of the gold extracted which increases the sales price and thereby the profitability for the small scale miner.
If the product were to replace the current method of small scale mining on a grand scale it would cut 30 percent off the global mercury pollution.
By Martin Kubert, [email protected]

At U.S. Global Investors, we see tremendous value in tacit knowledge, or what we call “boots on the ground investing.” Our investments team has a wealth of explicit knowledge, which includes data and metrics used in the office, but we believe it’s the tacit knowledge gained that provides us with greater insight and unique investment opportunities.
In the following videos, analyst Samuel Pelaez narrates a recent trip to Colombia where he, Frank Holmes and portfolio manager Ralph Aldis were able to explore the plant sites of Gran Colombia Gold and Pacific Stone.